Platinum Futures Bullish By 8% In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 8.15% for the last 21 sessions. At 16:52 EST on Thursday, 28 December, Platinum (PL) is $1,022.60.

Volume

Today’s last reported volume for Platinum is 24059, 99.99% below its average volume of 8442331338.73.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.51%, 0.66%, and 1.34%, respectively.

Platinum’s highest amplitude of average volatility was 0.64% (last week), 1.18% (last month), and 1.34% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • Crude oil eases despite red sea tensions, WTI slips back towards $74.00. According to FXStreet on Wednesday, 27 December, "With Crude Oil production continuing to outpace declining barrel demand, even in the face of steepening production cuts from member states of the Organization of the Petroleum Exporting Countries (OPEC), and it’s organization of allies the OPEC+, Crude Oil continues to see stiff bearish pressure.", "US Crude Oil stocks continue to flaunt expectations of declining reserves, and both the American Petroleum Institute (API) and the Energy Information Administration (EIA) will be publishing updated barrel buildup figures on Wednesday and Thursday, respectively."

More news about Platinum (PL).

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